Is it okay to buy a house for 700 thousand and rent it for 20 thousand

If you can rent this price every month, you can buy it without losing money.

Because if you buy a house of 700,000 yuan and rent it out of 20,000 yuan, if it is a monthly rent, it is still quite good. The key to buying a house for rent depends on how much loan is repaid every month. When the rent of renting a house is greater than the monthly payment, buying a house is more cost-effective. Because in addition to the monthly payment, there is still a surplus.

In order to shorten the vacant period and improve the rental efficiency, it is best to choose downtown areas with high rental rate, strong popularity and concentrated office buildings. After the subway station is accessible in the future, the subway housing still has certain appreciation potential.